Rivian lost $1.46B in Q2 as it drives toward a VW-linked future

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  • August 6, 2024

Rivian’s financial losses have crept up as it pushed out the last of its first-generation R1 trucks and SUVs in favor of newer, more cost-efficient versions — a sign of just how much the company could use the $5 billion it could get as part of a recently announced deal with Volkswagen Group. The company […]

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Source : Rivian lost $1.46B in Q2 as it drives toward a VW-linked future